On July 29, Direxion Daily Semiconductors Bull 3x Shares declined 5.26% in regular trading, trading at $103.01/share, with turnover of $2.845 billion.

On the news front, NVIDIA was reportedly planning to provide approximately $250 billion in financing guarantees for OpenAI to lease large-scale data centers under construction by SoftBank. Market skepticism over the sustainability of AI capital expenditure circular financing models intensified, with investors growing increasingly concerned about the uncertain return timeline for massive AI infrastructure investments. The Philadelphia Semiconductor Index previously plunged nearly 5%, NVIDIA fell nearly 5%, and AMD dropped approximately 8%, with chip stocks hitting their lowest levels in over two months.

Even NXP Semiconductor, which reported Q2 earnings and guidance above expectations, fell over 4% after hours, reflecting deep-seated concerns about chip sector valuation overshoot and AI capex return uncertainty.

The fund invests at least 80% of its net assets in financial instruments that provide 3X daily leveraged exposure to an index tracking the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)